7 Best Neobanks in 2026

You’re looking at the future, and honestly, also the present of banking with our list of 7 best neobanks in 2026 (sometimes also referred to as “neo banks” or “digital banks“). Each of these digital platforms, from Revolut’s globally accessible services to Monzo’s focus on personal banking, is trying to shake up traditional banking with tech-driven efficiency and customer satisfaction. 

Frankly, in the modern world, everyone should explore these neobanks further and perhaps reconsider where to keep their money.

The 7 best neobanks: Exploring top digital banking platforms for 2026

In the following sections, we will examine the best neobanks available right now and explore their key features.

1. Revolut – A UK giant with unmatched convenience

While you might recognize Revolut as a renowned neobank celebrated for its low fees and global services, what really stands out is its significant market growth and disruption it has caused in the traditional banking industry. Founded in 2015 and headquartered in London, UK and licensed by the Bank of Lithuania, Revolut achieved a staggering £1.80 billion ($2.33 billion) in revenue in 2023.

Revolut is deserving of the #1 spot on our list. Its consumer-friendly approach appeals to a broad user base, including cryptocurrency users. In fact, Revolut is probably one of the best banks for crypto users. We’ve already mentioned low fees, but it also offers convenience and the ability to save and earn APY on your assets.

Key features:

• Multi-Currency Accounts: You can manage and exchange over 30 currencies at interbank rates
• Savings and Budgeting:
  • Savings Vaults: Create dedicated spaces within your account to save for specific goals, and earn APY with paid plans
  • Budgeting Tools: Track spending, set budgets, and gain insights into your financial habits with detailed analytics
• Investing and Trading:
  • Stock and ETF Investing: Buy fractional shares and invest in various stocks and ETFs
  • Cryptocurrency and Commodities: Trade cryptocurrencies and commodities like gold and silver directly within the app
• Payment and Transfer Features:
  • Instant Transfers: Send money instantly to other Revolut users or to bank accounts around the world
  • Spare Change Round-Up: Automatically save the difference from rounded-up purchases into your Savings Vault
• Travel Benefits:
  • Travel Insurance: Purchase travel insurance directly through the app
  • Airport Lounge Access: Discounted access to airport lounges with premium plans
  • Fee-Free International ATM Withdrawals: Withdraw cash abroad without fees up to a certain limit (based on your plan)
• Security and Convenience:
  • Disposable Virtual Cards: Generate single-use virtual cards for secure online transactions
  • Card Freezing: Instantly lock your card if misplaced
  • Linked Accounts: Connect and manage multiple bank accounts from within the Revolut app
• Additional Services:
  • Revolut for Teens: Prepaid cards with spending controls for teenagers
  • Group Payments: Easily split bills and collect money from friends
  • Salary Advance: Access a portion of your salary early, subject to eligibility
  • In-App Donations: Donate directly to charities through the app
     
• Customer Service: Revolut offers multiple ways to get in touch with customer service, such as live chat in multiple languages and a detailed online help center

2. N26 – No fee accounts with impressive user experience

Founded in 2013, N26 is a German neobank that offers a user-friendly mobile app and no-fee accounts, while offering up to 10 different subaccounts for paid plans.

The app’s interface looks incredibly sleek and clean, and sends real-time notifications for accountability and transparency, making it one of the best Cash App alternatives. They’ve introduced a savings option, which shows they clearly understand their customer base.

Key features:

• Multi-Currency Accounts: You can manage and exchange 35 currencies with your N26 app
• Free Digital Bank Account: The N26 Standard account is free and allows users to manage their finances without monthly fees.
• Expense Management:
  • Budgeting Tools: You can track spending, set limits, and receive real-time notifications.
  • Subaccounts: You’re able to create up to 10 subaccounts for better budgeting and goal setting (available only with paid plans)​
• Premium Accounts: N26 offers several premium accounts, including:
  • N26 Smart (€4.90/month): Features tools for spending and saving. This includes sub-accounts and insights on spending
  • N26 You (€9.90/month): Designed for travel and everyday needs. It offers travel insurance and no foreign transaction fees
  • N26 Metal (€16.90/month): A premium account with additional perks, such as a metal card, cashback on purchases, and exclusive partner offers
• Investment Options: N26 lets you invest in stocks, ETFs, and cryptocurrencies
  directly through its app, with pretty competitive trading fees.
• Travel and Insurance Benefits:
  • Travel Insurance: This covers medical expenses, flight delays, and lost luggage. But you must have either the You or Metal plan
  • Mobile Phone Insurance: You get reimbursed for stolen phones when purchased with N26 You or Metal cards.
  • Lounge Access: You can access over 1,000 airport lounges worldwide with the Metal plan
• Real-Time Notifications and Budgeting Tools: The app provides push notifications for transactions and insights into your spending habits
• Security Features:
  • Biometric Authentication: You can secure account access with fingerprint or face recognition.
  • Card Control: If you lose your card, you can freeze and unfreeze it immediately, as well as disable online transactions directly through the app.
  • Deposit Protection: Your funds are insured up to €100,000
• Additional Services:
  • CASH26: You can deposit and withdraw cash at partner retail stores using a barcode that’s generated inside the app
  • Overdraft Facility: This is available for business accounts at a competitive interest rate.
  • Integration with Wise: Benefit from low-cost international transfers at the mid-market rate.
  • Cryptocurrency Trading: You’re able to trade almost 200 cryptocurrencies directly through the N26 app
• Customer Experience:
  • User-Friendly App: Highly rated for its intuitive design and real-time transaction notifications.
  • Customer Support: Access to support via live chat, with priority service for premium plans​

3. SoFi – US digital bank combining spending, saving, investing, and lending

Founded in 2011, SoFi is a US-based digital bank that stands out for offering an unusually broad financial ecosystem under one roof. Unlike most neobanks that focus mainly on checking and payments, SoFi combines everyday banking with investing, credit products, and personal finance tools.

SoFi is best suited for users who want an all-in-one financial app rather than juggling multiple platforms. While it’s limited to US residents, it offers competitive interest rates, no account fees, and strong integration between banking, investing, and borrowing products.

Key features:

• SoFi Checking and Savings:
  • No Account Fees: No monthly maintenance fees or minimum balance requirements
  • High APY: Competitive interest rates on savings and checking when using direct deposit
  • Early Direct Deposit: Get paid up to two days early
• Investing Platform:
  • Stocks and ETFs: Commission-free trading, including fractional shares
  • Cryptocurrency Trading: Buy and sell a range of cryptocurrencies directly in the app
  • Automated Investing: Hands-off portfolios based on risk tolerance
• Lending Products:
  • Personal Loans: Fixed-rate loans with no hidden fees
  • Student Loan Refinancing: One of SoFi’s original core offerings
  • Credit Card: A flat-rate cashback card with no annual fee
• ATM and Payments:
  • Fee-Free ATMs: Access to over 55,000 fee-free ATMs in the US
  • Mobile Payments: Works with Apple Pay and Google Pay
• Security and Support:
  • FDIC Insurance: Deposits insured up to $250,000
  • Customer Support: Phone and in-app support during extended hours

4. Wise – Neobank for international business

Founded in 2013, Wise (formerly TransferWise) is a neobanking solution headquartered in London. It’s a great option if you’re looking for a neobank tailored for international business. It is considered one of the top free virtual credit cards overall.

Able to deal in over 40 currencies, Wise provides you with the flexibility to operate across borders without having to deal with (most of) the headaches of currency conversion.

We should also mention that Wise integrates seamlessly with accounting software such as QuickBooks and Xero. This streamlines your financial management, so you don’t have to worry about financial administration.

Key features:

• Multi-Currency Accounts: Wise allows you to hold and manage over 40 currencies in a single account. This is great for travelers, expatriates, and businesses dealing in multiple currencies​ 
• Low-Cost International Transfers:
  • Transparent Fees: Wise uses the mid-market exchange rate with no hidden markups. You only pay a low, transparent fee that is clearly stated before confirming a transaction
  • Speed and Efficiency: Approximately 50% of transfers are instant, and 90% are completed within 24 hours​
• Wise Debit Card: This card allows you to spend in over 160 countries without additional transaction fees (assuming, of course, you have the local currency in your account). There are also two free ATM withdrawals per month. After that, a small fee applies
• Business Accounts: Wise business accounts support batch payments through CSV file uploads, making it easy to pay multiple recipients at once. The Wise API can automate payouts and integrate with popular accounting software like Xero, QuickBooks, and FreeAgent​
• Investing Features – Wise Assets: Users can choose to hold their money as stocks through the Wise Assets feature, while still being able to spend
• Security and Regulation: Wise is regulated by financial authorities in the countries it operates,
• Customer Support and User Experience: Wise offers multiple customer support channels, including live chat, phone support, and a detailed online help center. The app and website are user-friendly, which makes it easy to manage accounts and transactions​
• Interest: Wise offers a competitive 4.85% APY on USD balance for business savings. There is interest for some other currencies as well, though it’s not as substantial

5. Starling Bank – UK challenger bank with fee-free personal and business accounts

Launched in 2014, Starling Bank is a UK-based digital bank that has built a strong reputation for transparency, reliability, and genuinely fee-free banking. Unlike many challengers, Starling operates with a full UK banking license and offers both personal and business accounts.

Starling focuses less on flashy extras and more on solid everyday banking. It’s a strong choice for users who want a dependable mobile-first bank with fair pricing, strong budgeting tools, and straightforward international spending.

Key features:

• Personal and Business Accounts:
  • No Monthly Fees: Free personal and business accounts with no maintenance charges
  • UK Banking License: Fully regulated and FSCS-protected up to £85,000
• Spending and Budgeting Tools:
  • Spending Insights: Categorized transactions and real-time spending notifications
  • Saving Spaces: Create separate spaces for bills, savings, or specific goals
• International Usage:
  • Fee-Free Card Spending Abroad: No foreign transaction fees at the Mastercard exchange rate
  • Cash Withdrawals: Free ATM withdrawals in the UK and abroad, within fair usage limits
• Business Features:
  • Invoicing Tools: Create and send invoices directly from the app
  • Accounting Integrations: Works with Xero, QuickBooks, and FreeAgent
• Security and App Experience:
  • Biometric Login: Fingerprint and face recognition support
  • Card Controls: Instantly freeze or unfreeze cards in-app
  • Customer Support: UK-based support available via in-app chat and phone

6. Monzo – Catering to personal banking needs

If you were feeling philosophical, you could call Monzo the Yang to Wise’s Yin. Just like Wise, Monzo is headquartered in the UK, but unlike Wise, Monzo is mostly focused on personal banking needs.

Monzo offers various account types, quite a lot actually, including both free and premium options, each tailored to meet different user needs. 

Despite some limitations in lending products, as well as a weird £400 daily withdrawal limit on all types of accounts, Monzo’s neat “Flex” feature offers a unique BNPL (Buy Now, Pay Later) option, which gives a lot of flexibility to you as a user.

Key features:

• Budgeting and Savings:
  • Savings Pots: Create separate pots for specific savings goals, which you can choose to lock or hide for disciplined saving
  • Salary Sorter: You can automatically allocate your salary into different categories like expenses, savings, and bills
  • Trends: This analytics feature that tracks spending patterns and provides insights into your financial habits
  • Round-Up Savings: Automatically rounds up transactions to the nearest pound and saves the spare change in a dedicated pot.
• Account Types and Benefits:
  • Current Account (free): £250 in monthly withdrawal are free (in EEA), after that there’s a 3% fee 
  • Monzo Plus (£5/Month): Monzo plus offers tools like credit tracking, auto-export transactions into Google Sheets, and overview of all bank accounts in the Monzo app. Monzo Plus is a golden standard for most users. 
  • Monzo Premium (£15/Month): This includes travel and phone insurance, higher interest on savings, and advanced budgeting tools.
  • Monzo for 16-17-year-olds (free) : As the name suggests, this is for older teenagers. It’s almost the same as the adult ones, with one key difference – Monzo restricts transactions it deems unsafe automatically
  • Monzo Lite (Free): A basic business account with basic features suitable for sole traders and contractors
  • Monzo Business Pro (£5/Month): This account provides tools helpful for business, such as invoicing tools, digital receipts, budgeting tools, international outbound payments and integration with accounting software like Xero and QuickBooks
• Travel and Overseas Usage:
  • Fee-Free Spending Abroad: No extra fees on Mastercard’s exchange rate. This Is great for travelers
  • ATM Withdrawals: Free withdrawals up to £250 per 30 days (3% charge after) for the free account, £400 for Plus, and £600 for Premium users.
• Security and Usability:
  • Biometric Authentication: Secure access using fingerprint or face recognition.
  • Virtual Cards: Available for Plus and Premium users for safer online transactions.
  • Customer Support: It’s accessible through the app, with a 24/7 live chat option for urgent matters.

7. Chime – American fintech giant with over 50,000 fee-free ATMs

Our first American entry on this list, Chime, is a fintech company (technically not a bank) that has significantly affected the American online banking landscape since its inception in 2013. Headquartered in San Francisco, Chime partners with Bancorp Bank, N.A., and Stride Bank, N.A., both FDIC members, to provide banking services. 

Chime’s focus on a user-friendly, fee-free banking experience has garnered it 13 million customers (as of 2023). It’s ideal for people who prefer banking entirely online, with no physical branch access required. They offer plenty of features that simplify personal banking, including early direct deposit, fee-free overdraft protection up to $200 with SpotMe®, and an extensive network of over 50,000 fee-free ATMs. 

Bear in mind, you need to be a U.S. Citizen or legal resident of the United States who’s 18 years and older to use Chime.

Key features:

• Chime® Checking Account:
  • No Monthly Fees: There are no maintenance fees or minimum balance requirements
  • Early Direct Deposit: You can receive direct deposits up to two days early
  • SpotMe® Overdraft Protection: Chime offers a fee-free overdraft service called SpotMe, which allows eligible users to overdraw their accounts by up to $200 on debit card purchases without incurring overdraft fees, assuming they receive a qualifying direct deposit of at least $200 each month
  • Fee-Free ATMs: Access to over 50,000 fee-free ATMs nationwide
  • Pay Anyone: You’re able to send money instantly to friends and family without fees, up to a $5,000 monthly limit.
  • Mobile Check Deposit: Available if you receive direct deposits.
  • Security Features: You can disable transactions if your card is lost or stolen, you get free debit card replacement, and it’s compatible with Google Pay and Apple Pay.
• Chime® Savings Account:
  • Competitive APY: You earn 2.00% annual percentage yield (APY) with no cap on the amount of interest you can earn.
  • No Fees: There are no monthly fees or minimum balance requirements.
  • Automated Savings Tools:
    • Round Ups: It automatically rounds up debit card transactions to the nearest dollar and transfers the difference to your savings account.
    • Save When I Get Paid: It automatically transfers 10% of direct deposit paychecks of $500 or more into your savings account.
• Chime Credit Builder Visa® Credit Card:
  • Build Credit: This card could arguably be considered the best neobank credit card for those looking to improve their credit score without being burdened by fees
  • No Fees: No annual fee or minimum security deposit is required
  • Reporting to Credit Bureaus: Payments are reported to major credit bureaus to help improve your credit score.
• Customer Experience:
  • 24/7 Customer Support: Available through phone or live chat
  • Mobile App: The app is highly rated for both Android and iOS devices. It provides daily balance notifications, transaction alerts, and the ability to disable transactions directly through the app.
  • Cash Deposits: You can make cash deposits at over 85,000 retail locations, including Walgreens, Walmart, and 7-Eleven.

The bottom line

Revolut stands out as a leading neobank, backed by $1.7 billion in funding. It offers low fees and a wide range of global services, making it an excellent choice for users seeking international banking solutions. N26, a user-friendly German neobank, provides no-fee accounts with global reach and real-time notifications, ensuring a seamless banking experience for its customers.

Wise is particularly beneficial for international businesses, offering multi-currency accounts that integrate effortlessly with accounting software. This makes managing finances across different currencies straightforward and efficient.

In the UK, Monzo caters to personal banking needs with its flexible, no-fee accounts, providing users with a versatile banking solution. On the other side of the Atlantic, US-based Chime offers over 50,000 fee-free ATMs nationwide, along with no maintenance fees or minimum balance requirements, making it a convenient and cost-effective option for everyday banking.

Each of these neobanks brings unique strengths to the table, catering to various needs and preferences in the modern banking landscape.

If you want to bring more utility to your crypto assets and actually be able to spend digital assets for everyday purchases, make sure to check out our list of the best crypto credit cards with spending rewards.